Seraphim Space

Seraphim Space is a U.K.-based space tech investment group that is launching its second VC fund (as of May 2024), focusing on seed and Series A stage startups within the global space tech sector. With a track record of successful returns from its first fund, the firm aims to stand out in the growing space investment market. The fund is backed by major players from the aerospace sector and is looking to build a portfolio of 30 startups. Seraphim Space operates in a competitive market where investors are increasingly aware of the potential growth in the space tech industry, which is projected to be worth $1.8 trillion by 2035.

The firm's investment thesis goes beyond the traditional idea of space tech being limited to launching rockets and satellites. Seraphim Space is interested in companies that apply AI to space data, in-orbit computing, space-enabled communications, and microgravity for scientific research. By targeting startups with innovative applications in various industries, Seraphim Space aims to have a real impact beyond traditional space activities and generate high returns for its investors.